| DKNG latest price $41.6100 (3.15%) ($39.7500 - $41.8670) on Wed. Nov. 11, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.13% (three month average) |
RSI | 46 |
Latest Price | $41.6100(3.15%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DKNG advances 1.1% a day on average for past five trading days. |
Weekly Trend | DKNG advances 2.4% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Rotation from value to growth for small cap. |
Correlated ETFs | Broad market will support DKNG advance at 0% a week (0% probability) IBUY(68%) IWO(62%) ONLN(62%) IPO(61%) ARKK(59%) |
Factors Impacting DKNG price | DKNG will decline at least -2.565% in a week (0% probabilities). VIXM(-33%) UUP(-14%) EDOC(-10%) VXX(-9%) TBT(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.565% (StdDev 5.13%) |
Hourly BBV | 0.3 () |
Intraday Trend | 0% |
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